This insurance provides benefits to employees for work related injuries and financial compensation to the worker for loss of earnings. It can also provide death benefits in the event of a fatality. If you have one or more individuals performing services for financial consideration you may be required by law to provide them with workers’ compensation insurance. (Financial consideration means any remuneration for services and includes cash or other remuneration in lieu of cash.) The IRS has developed factors that are used as guidelines to determine whether a worker is an employee or an independent contractor. If you are in doubt as to the status of a worker, you should consult with a competent professional with respect to your particular situation.
We offer Workers’ Compensation for most types of businesses including the equine industry. Our policies can be written to provide coverage in most states.